Common use of Owner Lessor's Liens Clause in Contracts

Owner Lessor's Liens. The Owner Lessor, the Trust Company and the Lessor Manager each covenants severally and as to itself only that it will not directly or indirectly create, incur, assume or suffer to exist any Owner Lessor's Lien attributable to it and will promptly notify the Facility Lessee, the Owner Participant and the Indenture Trustee of the imposition of any such Lien of which it has Actual Knowledge and shall promptly, at its own expense, take such action as may be necessary to duly discharge such Owner Lessor's Lien attributable to it.

Appears in 12 contracts

Samples: Participation Agreement (Calpine Corp), Participation Agreement (Calpine Corp), Participation Agreement (Calpine Corp)

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Owner Lessor's Liens. The Owner LessorTrust Company, the Trust Company and the Lessor Manager and the Owner Lessor each covenants severally and as to itself only that it will not directly or indirectly create, incur, assume or suffer to exist any Owner Lessor's Lien attributable to it and will promptly notify the Facility Lessee, the Owner Participant and the Lease Indenture Trustee of the imposition of any such Lien of which it has Actual Knowledge and shall promptly, at its own expense, take such action as may be necessary to duly discharge such Owner Lessor's Lien attributable to it.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Reliant Energy Mid Atlantic Power Services Inc)

Owner Lessor's Liens. The Owner LessorTrust Company, the Trust Company Owner Trustee and the Owner Lessor Manager each covenants severally and as to itself only that it will not directly or indirectly create, incur, assume or suffer to exist any Owner Lessor's Lien attributable to it and will promptly notify the Facility Lesseein writing Xxxxxxx Holdings, the Owner Participant and the Indenture Trustee Holder Representative of the imposition of any such Lien of which it has Actual Knowledge actual knowledge and shall promptly, at its own expense, take such action as may be necessary to duly discharge such Owner Lessor's Lien attributable to it.

Appears in 1 contract

Samples: Participation Agreement (Edison Mission Energy)

Owner Lessor's Liens. The Owner LessorEach of the Trust Company, the Trust Company Independent Manager and the Owner Lessor Manager each covenants severally and as to itself only that it (i) will not directly or indirectly create, incur, assume or suffer to exist any Owner Lessor's ’s Lien attributable to it and it, (ii) will promptly notify in writing the Facility LesseeCompany, the Owner Participant and the Indenture Trustee of the imposition of any such Owner Lessor’s Lien of which it has Actual Knowledge knowledge and (iii) shall promptly, at its own expense, take such action as may be necessary to duly discharge such any Owner Lessor's ’s Lien attributable to it.

Appears in 1 contract

Samples: Participation Agreement (Tri-State Generation & Transmission Association, Inc.)

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Owner Lessor's Liens. The Owner LessorTrust Company, the Trust Company and the Lessor Manager and the Owner Lessor each covenants severally and as to itself only that it will not directly or indirectly create, incur, assume or suffer to exist any Owner Lessor's Lien attributable to it and will promptly notify the Facility LesseeCompany, the Owner Participant and the Lease Indenture Trustee of the imposition of any such Lien of which it has Actual Knowledge and shall promptly, at its own expense, take such action as may be necessary to duly discharge such Owner Lessor's Lien attributable to it.

Appears in 1 contract

Samples: Participation Agreement (Dynegy Danskammer LLC)

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